Profit and Loss Practice Question and Answer
8 Q: A merchant fixes the sale price of his goods at 15 % above the cost price. He sells his goods at 12 % less than the fixed price. His percentage of profit is:
923 05efc6ebeeb90be58c5901730
5efc6ebeeb90be58c5901730- 1$$1{1\over5}$$true
- 2$$2{1\over5}$$false
- 3$$2{1\over2}$$false
- 42false
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Answer : 1. " $$1{1\over5}$$"
Q: The cost price of two dozen bananas is Rs. 32 After selling 18 bananas at the rate Rs. 12 per dozen, the shopkeeper reduced to rate as Rs. 4 per dozen. The percent loss is
1974 05efc6b968e73c352771d8e75
5efc6b968e73c352771d8e75- 136.5%false
- 237.5%true
- 325.2%false
- 432.4%false
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Answer : 2. "37.5% "
Q: A cloth merchant on selling 33 metres of cloth obtains a profit equal to the selling price of 11 metres of cloth , the profit is
833 05ef40c82d40ebf3f783309f0
5ef40c82d40ebf3f783309f0- 150%true
- 211%false
- 340%false
- 422%false
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Answer : 1. "50% "
Q: A men sells his cycle at 6% profit. Had he sold it at 15% profit, he would have received 180 Rs. More. What is the cost price of the cycle?
785 05ef18b8f7fed557ba2ab1daf
5ef18b8f7fed557ba2ab1daf- 1Rs 1000false
- 2Rs 1200false
- 3Rs 1500false
- 4Rs 2000true
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Answer : 4. "Rs 2000"
Q: Sandeep buys an old scooter for Rs.4700 and spends Rs.800 on its repairs. If he sells to its Rajesh for Rs.5800, then his gain percent will be:
2572 05ef1861d2c39485d739e832d
5ef1861d2c39485d739e832d- 1$$ 5 {5\over11}%$$true
- 2$$ 4 {4\over7}%$$false
- 310%false
- 412%false
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Answer : 1. "$$ 5 {5\over11}%$$"
Q: By selling 15 mangoes, a fruit seller gains the selling price of 3 mangoes. His gain is
2325 05ee9abc7eee45c3b8374b6aa
5ee9abc7eee45c3b8374b6aa- 125%true
- 216%false
- 324%false
- 427%false
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Answer : 1. "25%"
Q: If a man purchase 11 articles for Rs.10 and sold all the articles at the rate of 10 for Rs.11, the profit percentage will be.
1358 05ee21d122bf4c40446474582
5ee21d122bf4c40446474582- 110%false
- 211%false
- 321%true
- 4100%false
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Answer : 3. "21% "
Q: Ramesh sold a phone at a loss of 5%. Had he sold it for Rs. 200 more, he would gave gained 15%. To gain 25%, he should sell it for :
1514 05ee0620f0cb2490dae750b3b
5ee0620f0cb2490dae750b3b- 1Rs. 1175false
- 2Rs. 1150false
- 3Rs. 1225false
- 4Rs. 1250true
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